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Amec Foster Wheeler announces Samir Brikho to step down as Chief Executive

Ian McHoul, Chief Financial Officer, has been appointed into the role of interim CEO with immediate effect and will chair the Group Leadership Team whilst the search for the new CEO is conducted. The Company's search will consider both internal and external candidates. Ian is not putting himself forward for the role.

John Connolly, Chairman, said: "Samir has been the Chief Executive for over nine years and has made a significant contribution to our development over this period, including the re-shaping and re-focusing of the business at the start of his tenure to build up the global company Amec Foster Wheeler is today. On behalf of the Board and everyone at Amec Foster Wheeler I thank Samir for his commitment and contribution. We wish him the best for the future."

Commenting on Ian's appointment, the Chairman said: "The Board has mandated Ian to continue driving forward the Company's previously stated priorities."

The Company confirms that 2015 trading results are in line with expectations. The full year audited results will be announced on 10 March 2016. Trading for 2016 has started in line with expectations.



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